MYX Finance (MYX)

DEX Rank #125 ELIMINATED
3.9 /10

Score breakdown

Unlock5/10
Tokenomics5/10
Insider5/10
Onchain2/10
Dev Activity1/10
Revenue1/10
Institutional5/10
Etf2/10
Market Structure5/10
Security6/10

Analysis

MYX operates a perpetual trading platform with $2.8B weekly volume and 180K+ unique traders. The protocol offers competitive trading fees and advanced order types. However, only 13.4% of tokens are circulating, creating extreme unlock risk with monthly releases. TVL remains relatively low at $35M despite high trading volumes. The tokenomics structure heavily favors early investors and team members, with most tokens locked until 2027-2028.

Disclaimer: This analysis is for informational purposes only and is not investment advice. Crypto investments carry high risk. DYOR โ€” Do Your Own Research.